Ares Capital Corporation, through its subsidiary ARCC FB Funding LLC, entered into an amendment to its Revolving Credit and Security Agreement with BNP Paribas on June 18, 2026. This amendment increases the total commitments under the funding facility by $200 million, bringing the new total to $1.465 billion, and modifies certain lending terms.
Key Details
- Facility Increase: Total commitments under the BNP Funding Facility were increased by $200 million, from $1.265 billion to a new total of $1.465 billion.
- Modified Terms: The amendment also modified certain concentration limitations and the advance rate applicable to specific collateral loans.
- Effective Date: The amendment was entered into and became effective on June 18, 2026.